RC Blackwell's Tax Service

10/16/2026

Charitable giving tax rules change in 2026. Learn about the new $1,000/$2,000 deduction, the 0.5% AGI floor, and limits for high-income taxpayers.

10/16/2026

Saving for a loved one with a disability? An ABLE account offers tax-free growth and tax-free withdrawals for qualified disability expenses — and the funds generally don't jeopardize means-tested benefits. A powerful tool many families don't know about.

10/15/2026

Today is the final deadline for extended 2025 returns. If you haven't filed yet, now's the time. A heads-up as well: our office will be closed October 16 through November 8, and we'll be back on Monday, November 9. Plan ahead and get your documents in early — we're here to help before the break.

10/15/2026

Saving for a child's education? A 529 plan grows tax-free, and withdrawals for qualified education expenses are tax-free too. Many states offer deductions or credits for contributions, and up to $35,000 may roll into the child's Roth IRA later. A smart tool to look at before year-end gifting.

10/15/2026

10/14/2026

Children born in 2025-2028 may qualify for a one-time $1,000 federal deposit into a new Trump Account. Family, friends, and even employers can contribute too — up to $5,000 per child each year. A meaningful head start on savings for the kids in your life.

10/13/2026

Trump Accounts are a new savings option for children under 18, created by last year s tax law. Contributions up to $5,000 per child each year grow tax-deferred, and children born in 2025-2028 may qualify for a one-time $1,000 federal deposit. A new tool worth exploring when saving for a child s future.

10/12/2026

A little recordkeeping throughout the year can make tax time easier. Keep business receipts and mileage logs organized as you go, and you will have the details handy when it is time to file.

10/11/2026

Starting work with a new independent contractor? Request a completed Form W-9 before making the first payment. It helps keep your year-end tax records organized.

10/10/2026

A rental loss may qualify for a special allowance of up to $25,000 against nonpassive income if you actively participate in the rental activity. The allowance is generally reduced as modified adjusted gross income rises above $100,000 and phases out at $150,000. Eligibility and limits depend on filing status and other rules.